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Global private equity and venture capital fund launches in the first half of 2023 lagged significantly behind the pace set last year as challenging fundraising dynamics and a slower tempo of investing gave managers reason to second-guess bringing new funds to market. ....
Hedge fund giant Bridgewater Associates has paid back the $6.5 million balance of a state loan and will forgo a possible $18 million in additional tax credits. ....
Global private equity remained subdued in the first three months of 2023 as the market was weighed down by economic uncertainty, tighter fiscal policy, and disruption in the banking system. ....